NOT LISTED FOR SALE

Estimated Value: $75,000 - $197,000

4 Beds
2 Baths
1,664 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $28,500 $17 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $714/month

144 Days on Market

Highlights

  • Wood Flooring
  • Asbestos
  • Level Lot
  • No HOA

About This Home

As of December 2018

Cash flow. Great investment. New Hot water heater. Updated windows in both units. Ready to move-in. 3/1 Should rent for: Unit A - $550. 1/1 Unit B - $ 300.

Last Agent to Sell the Property

James Newton Mcelroy

JAMES NEWTON MCELROY License #145769 Listed on: 07/14/2018

Last Buyer's Agent

David Recendez

Cloud Realty LLC License #289444

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $435

Year Built

  • Built in 1907

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 1,764 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 0174054
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$435

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Directions: South on University., W on Russell, S. on Asheboro. - home on left. From South Main, East on Russell, S. on Asheboro, Home on left
  • Building Stories: 2
  • Year Built: 1907
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • TRIADMLS_ApproxSqFtRange: 1500 - 1900
  • TRIADMLS_Storage: Closet

Exterior Features

  • Lot Features: City Lot, Level
  • Pool Features: None
  • Construction Type: Asbestos, Brick, See Remarks
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Washer/Dryer Connection
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0174054
  • Zoning: RM-12
  • TRIADMLS_PricePerAcre: 134230.7692
  • TRIADMLS_DeedPage: 1079
  • TRIADMLS_DeedBook: 6566
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 434.64
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2018
Closed on
Dec 13, 2018
Sold by
Stevenson Jonathan E and Stevenson Mckenzie
Bought by
Paulino Gladis Serenis
Seller's Agent
James Newton Mcelroy
JAMES NEWTON MCELROY
Buyer's Agent
David Recendez
Cloud Realty LLC
List Price
$34,900
Sold Price
$28,500
Premium/Discount to List
-$6,400
-18.34%
Current Estimated Value
$124,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,833
Avg. Annual Appreciation
24.35%
Original Mortgage
$150,000
Outstanding Balance
$132,147
Interest Rate
4.7%
Mortgage Type
Unknown
Estimated Equity
-$7,814

Purchase Details

Closed on
Jul 14, 2006
Sold by
Baywater Group Llc
Bought by
Stevenson Jonathan E and Stevenson Mckenzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paulino Gladis Serenis $28,500 None Available
Stevenson Jonathan E $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulino Gladis Serenis $150,000
Previous Owner Steveson Jonathan E $41,250
Previous Owner Stevenson Jonathan E $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $28,500 -18.3% $17 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $34,900 -- $21 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $683 $49,600 $10,000 $39,600
2024 $683 $49,600 $10,000 $39,600
2023 $683 $49,600 $10,000 $39,600
2022 $669 $49,600 $10,000 $39,600
2021 $437 $31,700 $6,000 $25,700
2020 $437 $31,700 $6,000 $25,700
2019 $437 $31,700 $0 $0
2018 $435 $31,700 $0 $0
2017 $435 $31,700 $0 $0
2016 $445 $31,700 $0 $0
2015 $447 $31,700 $0 $0
2014 $455 $31,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 894177

Triad MLS

APN: 0174054